TheCryptagon
French Economy Steadies in November as Services Sector Expands
French business activity came close to stabilising in November, according to a survey released on Friday. A stronger-than-expected rebound in the services sector nearly...
UK Retail Sales Fall as Consumer Confidence Weakens Ahead of Budget
British retail sales dropped sharply in October, and consumer confidence weakened in November, adding to concerns about slowing household spending ahead of next week’s...
Japan Warns of Yen Intervention as Rate Hike Chances Strengthen
Japan strengthened its warning of possible currency intervention on Friday, while the Bank of Japan signaled that a near-term interest rate hike is now...
Binance CEO: Bitcoin Volatility Now Matches Other Major Assets
Binance CEO Richard Teng said on Friday that bitcoin’s recent sharp decline is largely due to investor deleveraging and a broader pullback from risk...
Crypto Falls Sharply as Investors Flee Risk Assets
Cryptocurrencies fell sharply on Friday as investors pulled back from risk assets. Bitcoin and ether dropped to multi-month lows, pressured by concerns over high...
Asia FX Steady as Dollar Holds Firm and Japan Data Takes...
Asian currencies and the U.S. dollar held mostly steady on Friday as traders assessed mixed U.S. labor data. The report offered little guidance on...
Oil Prices Drop 1.5% as Russia-Ukraine Peace Talks Gain Momentum
Oil prices dropped by 1.5% on Friday, marking the third straight day of losses. The decline came as the United States pushed for progress...
Wall Street Divided on December Fed Rate Cut After Jobs Report
Wall Street remains divided on whether the Federal Reserve will cut interest rates in December. The split follows Thursday’s September jobs report, which showed...
U.S. Job Growth Strengthens in September Even as Unemployment Rises to...
U.S. job growth picked up in September, but the unemployment rate rose to 4.4%, the highest level in four years. Meanwhile, the economy lost...
Fed Chair Succession Debate Intensifies as Trump Increases Pressure on Powell
President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Wednesday, putting the spotlight on the future of the central bank’s...
